LHYAX | High Yield Fund Class A | Lord Abbett

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High Yield Fund

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Daily price w/o sales charge as of 06/18/2025

$6.29

$0.00

YTD Returns w/o sales charge as of 06/18/2025

1.90%

Please click here for performance current to the most recent quarter-end and month-end.

Click here to view all legal text including risk information

Summary

Summary

What is the High Yield Fund?

The Fund seeks to deliver current income and the opportunity for capital appreciation by investing primarily in high yield corporate bonds.
 

A HERITAGE OF HIGH YIELD

Brings a 40+ year history of high-yield investing, focused on fundamental, bottom-up credit research.

AN OPPORTUNISTIC APPROACH

Provides the flexibility to adjust to the market environment and take advantage of opportunities across the credit spectrum.

STRONG TRACK RECORD

Has offered a track record of strong performance versus peers in up and down markets, demonstrating the strength of this active approach as a core high-yield holding over a full market cycle.

Yield

Average Yield to Maturity as of 05/30/2025

8.15%

Distribution Yield as of 06/18/2025  

7.12%

30-Day Standardized Yield 1 as of 05/31/2025  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.73% 6.72%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

Fund Basicsas of 05/30/2025

Total Net Assets
$3.42 B
Inception Date
12/31/1998
Dividend Frequency
Monthly
Fund Gross Expense Ratio
0.93%
Fund Net Expense Ratio
0.93%
Number of Holdings
675
Minimum Initial Investment
$1,500+

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 1.21% 7.19% 4.74% 4.86% 3.98% 5.99%
Lipper Category Avg. High Yield Funds 2.21% 7.96% 5.94% 5.35% 4.18% -
ICE BofA U.S. High Yield Constrained Index 2.67% 9.35% 6.72% 5.86% 4.95% 6.31%
w/ sales charge -1.12% 4.86% 3.97% 4.39% 3.73% 5.90%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 0.30% 6.71% 3.08% 6.63% 4.10% 5.99%
Lipper Category Avg. High Yield Funds 0.69% 6.63% 4.16% 6.70% 4.17% -
ICE BofA U.S. High Yield Constrained Index 0.96% 7.67% 4.91% 7.24% 4.93% 6.28%
w/ sales charge -2.00% 4.24% 2.31% 6.15% 3.87% 5.90%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

Type Assets
High Yield Bonds
Bank Loans
Investment Grade Bonds
Equity
Convertibles
Other
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Maturity Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 05/30/2025 View Portfolio

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

INVESTMENT TEAM

Steven F. Rocco
Steven F. Rocco, CFA

Partner & Co-Head of Taxable Fixed Income

24 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Co-Head of Taxable Fixed Income

34 Years of Industry Experience

Christopher Gizzo
Christopher Gizzo, CFA

Partner, Deputy Director of Leveraged Credit

17 Years of Industry Experience

Supported By 87 Investment Professionals with 18 Years Avg. Industry Experience

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Performance

Performance

Average Yield to Maturity as of 05/30/2025

8.15%

Distribution Yield as of 06/18/2025  

7.12%

30-Day Standardized Yield 1 as of 05/31/2025  

  Subsidized2 Un-Subsidized3
w/o sales charge 6.73% 6.72%

In absence of the fee waiver, yields shown would have been lower. Yields for other share classes will vary.

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 1.21% 7.19% 4.74% 4.86% 3.98% 5.99%
Lipper Category Avg. High Yield Funds 2.21% 7.96% 5.94% 5.35% 4.18% -
ICE BofA U.S. High Yield Constrained Index 2.67% 9.35% 6.72% 5.86% 4.95% 6.31%
w/ sales charge -1.12% 4.86% 3.97% 4.39% 3.73% 5.90%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/1998
w/o sales charge 0.30% 6.71% 3.08% 6.63% 4.10% 5.99%
Lipper Category Avg. High Yield Funds 0.69% 6.63% 4.16% 6.70% 4.17% -
ICE BofA U.S. High Yield Constrained Index 0.96% 7.67% 4.91% 7.24% 4.93% 6.28%
w/ sales charge -2.00% 4.24% 2.31% 6.15% 3.87% 5.90%

Fund Expense Ratio :

Gross 0.93%

Net 0.93%

Returns with sales charges reflect a maximum sales charge of 2.25%.

Past performance is not a reliable indicator or guarantee of future results. Current performance may be higher or lower than the performance data quoted. Returns shown include the reinvestment of all distributions. Returns shown at net asset value do not reflect the current maximum sales charge, had the sales charge been included, returns would have been lower. The investment return and principal value of an investment will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than the original cost. 

Year Fund Returns ICE BofA U.S. High Yield Constrained Index
2024 8.39% 8.27%
2023 10.46% 13.55%
2022 -13.75% -11.16%
2021 6.15% 5.35%
2020 4.49% 6.07%
2019 15.07% 14.41%
2018 -5.15% -2.27%
2017 8.50% 7.48%
2016 15.84% 17.49%
2015 -2.26% -4.61%
2014 3.46% -
2013 9.69% -
2012 16.50% -
2011 3.15% -
2010 14.31% -
2009 50.51% -
2008 -23.42% -
2007 2.43% -
2006 9.94% -
2005 1.15% -
Year Q1 Q2 Q3 Q4
2025 0.30% - - -
2024 1.89% 1.21% 4.87% 0.23%
2023 2.69% 1.15% -0.44% 6.82%
2022 -5.43% -10.72% -1.48% 3.69%
2021 1.73% 3.11% 0.63% 0.57%
2020 -16.65% 10.72% 5.69% 7.13%
2019 7.50% 3.77% 0.28% 2.86%
2018 -1.07% -0.04% 2.54% -6.47%
2017 2.82% 1.98% 2.45% 1.00%
2016 2.01% 5.52% 5.46% 2.05%
2015 3.05% 0.86% -4.23% -1.81%
2014 2.92% 3.38% -1.83% -0.95%
2013 3.97% -1.03% 2.51% 3.99%
2012 6.63% 0.36% 5.06% 3.61%
2011 3.82% 1.07% -7.02% 5.73%
2010 4.93% -0.92% 6.33% 3.40%
2009 5.95% 17.32% 14.23% 6.01%
2008 -3.43% 1.99% -7.81% -15.68%
2007 2.98% 0.17% 0.48% -1.17%
2006 2.57% 0.01% 2.80% 4.27%
2005 -1.74% 1.49% 0.87% 0.56%
2004 1.07% -0.32% 4.34% 5.04%
2003 4.06% 8.25% 2.40% 5.41%
2002 1.51% -3.59% -3.78% 6.10%
2001 5.14% -1.67% -3.99% 6.15%
2000 -1.66% 0.99% 0.31% -2.65%
1999 3.43% -0.11% -0.81% 3.99%

Performance is shown for each quarter and each calendar year. Past performance is no guarantee of future results.

Growth of $10,000 as of 05/31/2025

The chart begins on the Fund's inception date of 12/31/1998.

Based on a hypothetical Class A share investment of $10,000 on 12/31/1998 without sales charge and includes the reinvestment of all distributions.

 

NAV Historical Prices

Date Net Asset Value

Portfolio

Portfolio

Rating Assets
High Yield Bonds
Bank Loans
Investment Grade Bonds
Equity
Convertibles
Other
Cash

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Allocations are reported as of the date a security transaction is initiated; however, certain transactions may not settle until several days later. Accordingly, cash may appear as a negative allocation as a result of unsettled transactions.

Rating Assets
Less than 1 year
1-3 years
3-5 years
5-7 years
7-10 years
Greater than 10 years

The Fund's portfolio is actively managed and is subject to change. "Other" may include municipal bonds and non-index holdings.

Credit Quality Distribution as of 05/30/2025

Rating Assets
BBB
BB
B
<B
Not Rated

Ratings (other than U.S. Treasury securities or securities issued or backed by U.S. agencies) provided by Standard & Poor's, Moody's, and Fitch. For certain securities that are not rated by any of these three agencies, credit ratings from other agencies may be used. Where the rating agencies rate a security differently, Lord Abbett uses the average rating based on numeric values assigned to each rating. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower-rated securities (junk bonds). High-yielding, non-investment-grade bonds (junk bonds) involve higher risks than investment-grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities. A portion of the portfolio's securities may not be rated. Breakdown is not an S&P credit rating or an opinion of S&P as to the creditworthiness of such portfolio. Ratings apply to the credit worthiness of the issuers of the underlying securities and not the fund or its shares. Ratings may be subject to change.

Portfolio Positioning as of 03/31/2025

  • We have modestly added risk to the Fund as spreads moved wider. The initial effects from anticipated tariff announcements towards the end of the quarter were significant in market performance, as credit markets faced pressure in March. In high yield, spreads widened to over 350 basis points from year-to-date tights as a result. However, we believe that these dislocations may present opportunities to add exposure to high quality credits at attractive entry points. We began to selectively add risk back in the Fund towards the end of the quarter after initially reducing risk levels earlier in the period.
  • We added higher quality BBs while reducing CCCs over the quarter. We increased our focus on higher-rating tiers over the quarter, adding to several positions in BBs that in our view offered better relative value, better liquidity and increased convexity as prices moved lower. Conversely, we trimmed positions in lower-rated CCCs as we continue to be cautious on more generic lower-rated beta exposure. However, we ended the quarter to modestly overweight CCCs within the Fund, which reflects higher conviction positions that in our view are driven by idiosyncratic performance drivers. 
  • The Fund’s sector allocations remained balanced. We added to several positions in Basic Industry and Capital Goods, specifically Metals and Mining and Aerospace/Defense subsectors, respectively, that offered attractive entry points based on their risk profiles. We trimmed various positions in Utilities, which was reflective of more idiosyncratic reductions, and Technology and Electronic and Leisure sectors. The Fund remained overweight the Energy and Basic Industry sectors, as well as Transportation and Banking industries. We find the Energy sector in particular to be a positive space given the improvement in fundamentals for high yield issuers and that it has performed more defensively in recent years. We remained underweight the Healthcare sector, which is the top underweight within the Fund, along with Media and Services.
  • We remain constructive in high yield credit amid heightened economic uncertainty. While the sector showed modest signs of weakness in the second half of the quarter softer economic data, worries of growth contraction and policy uncertainty dragged on consumer sentiment, overall returns were still positive. Even as spreads widen to north of 350 bps, we remain constructive on the asset class for several reasons. Earnings for high yield companies continue to be favorable, building on the current fundamental strength of the issuer base. The index also boasts a higher-quality ratings mix among high yield issuers, and the index duration is around its lowest in a decade, both of which support generally tighter overall spread levels. Looking ahead, we have looked to slowly add higher quality credits to the portfolio at attractive values. However, it is important to note that we are patient and selective in our approach to adding risk. We remain vigilant of potential recessionary signals that could cause spreads to move wider, including signs of significant cracks in labor markets, tariff repercussions, and the Fed's rate and fiscal policies.

 

Portfolio Details as of 05/30/2025

Total Net Assets
$3.42 B
Average Effective Duration
2.84 Years
Average Maturity
4.9 Years
Number of Issues
675
Average Yield to Maturity
8.15%
Distribution Yield (as of 06/18/2025)
7.12%

To view definitions for the above Portfolio Details, Click here.

Yield to maturity (YTM) represents the expected total return on a bond (expressed as an annualized rate) based on the bond’s expected future cash flows, including coupon payments over the life of the bond and the bond’s principal value received at maturity.

Average Maturity - The length of time until the average security in a portfolio will mature or be redeemed by its issuer in proportion to its dollar value. Indicating a portfolio’s sensitivity to general market interest rate changes, a longer average maturity implies greater relative portfolio volatility.

Average Effective Duration - The change in the value of a fixed income security that will result from a 1% change in interest rates, taking into account anticipated cash flow fluctuations from mortgage prepayments, puts, adjustable coupons, and potential call dates. Duration is expressed as a number of years, and generally, the larger a duration, the greater the interest-rate risk or reward for a portfolio’s underlying bond prices. Where applicable, certain investments, such as common or preferred stock, convertible bonds and convertible preferred stock, ETFs, ADRs, and CPI swaps and related futures, are excluded from these calculations.

Holding Coupon Maturity Assets
CCO Holdings LLC / CCO Holdings Capital Corp 4.500% 08/15/2030 0.7%
TransDigm Inc 4.625% 01/15/2029 0.6%
CCO Holdings LLC / CCO Holdings Capital Corp 5.000% 02/01/2028 0.6%
Iron Mountain Inc 5.625% 07/15/2032 0.5%
Venture Global LNG Inc 9.500% 02/01/2029 0.5%
Nissan Motor Co Ltd 4.810% 09/17/2030 0.5%
Altice France SA 5.125% 07/15/2029 0.5%
EMRLD Borrower LP / Emerald Co-Issuer Inc 6.625% 12/15/2030 0.5%
CSC Holdings LLC 4.625% 12/01/2030 0.4%
Alloy Finco Ltd 0.005% 03/06/2028 0.4%
% of Total Assets 5.2%
Holding Coupon Maturity Assets
J P MORGAN SECURITIES INC4.410% 05/01/20251.0%
CCO Holdings LLC / CCO Holdings Capital Corp4.500% 08/15/20300.7%
TransDigm Inc4.625% 01/15/20290.6%
CCO Holdings LLC / CCO Holdings Capital Corp5.000% 02/01/20280.6%
Iron Mountain Inc5.625% 07/15/20320.5%
Nissan Motor Co Ltd4.810% 09/17/20300.5%
Venture Global LNG Inc9.500% 02/01/20290.5%
EMRLD Borrower LP / Emerald Co-Issuer Inc6.625% 12/15/20300.5%
Vistra Operations Co LLC7.750% 10/15/20310.5%
Altice France SA5.125% 07/15/20290.5%
CSC Holdings LLC4.625% 12/01/20300.5%
CCO Holdings LLC / CCO Holdings Capital Corp4.750% 03/01/20300.4%
TransDigm Inc6.000% 01/15/20330.4%
Medline Borrower LP3.875% 04/01/20290.4%
Virgin Media Secured Finance PLC5.500% 05/15/20290.4%
Alloy Finco Ltd0.005% 03/06/20280.4%
Hughes Satellite Systems Corp6.625% 08/01/20260.4%
CSC Holdings LLC11.250% 05/15/20280.4%
Loarre Investments Sarl6.500% 05/15/20290.4%
VZ Secured Financing BV5.000% 01/15/20320.4%
CVS Health Corp7.000% 03/10/20550.4%
Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl4.625% 06/01/20280.4%
DISH DBS Corp5.125% 06/01/20290.4%
Hughes Satellite Systems Corp5.250% 08/01/20260.4%
Hecla Mining Co7.250% 02/15/20280.4%
OneMain Finance Corp7.500% 05/15/20310.4%
CSC Holdings LLC11.750% 01/31/20290.4%
Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp7.000% 07/15/20310.3%
Organon & Co / Organon Foreign Debt Co-Issuer BV7.875% 05/15/20340.3%
DaVita Inc4.625% 06/01/20300.3%
Jane Street Group / JSG Finance Inc7.125% 04/30/20310.3%
EquipmentShare.com Inc9.000% 05/15/20280.3%
Carnival Corp6.000% 05/01/20290.3%
ROCK Trust 2024-CNTR8.819% 11/13/20410.3%
Cloud Software Group Inc6.500% 03/31/20290.3%
Virgin Media Finance PLC5.000% 07/15/20300.3%
Ardonagh Finco Ltd7.750% 02/15/20310.3%
AMC Networks Inc4.250% 02/15/20290.3%
TransDigm Inc6.875% 12/15/20300.3%
American Airlines Inc7.250% 02/15/20280.3%
New Gold Inc6.875% 04/01/20320.3%
CCO Holdings LLC / CCO Holdings Capital Corp4.250% 02/01/20310.3%
ATI Inc5.125% 10/01/20310.3%
1011778 BC ULC / New Red Finance Inc4.000% 10/15/20300.3%
Eldorado Gold Corp6.250% 09/01/20290.3%
Inter Media and Communication SpA6.750% 02/09/20270.3%
ZF North America Capital Inc7.125% 04/14/20300.3%
1261229 BC Ltd10.000% 04/15/20320.3%
Longfor Group Holdings Ltd3.950% 09/16/20290.3%
Port of Newcastle Investments Financing Pty Ltd5.900% 11/24/20310.3%
Navient Corp11.500% 03/15/20310.3%
Coeur Mining Inc5.125% 02/15/20290.3%
Univision Communications Inc7.375% 06/30/20300.3%
Twilio Inc3.625% 03/15/20290.3%
SunCoke Energy Inc4.875% 06/30/20290.3%
CommScope LLC4.750% 09/01/20290.3%
Hilton Domestic Operating Co Inc4.000% 05/01/20310.3%
Synchrony Financial7.250% 02/02/20330.3%
Taseko Mines Ltd8.250% 05/01/20300.3%
Lumen Technologies Inc4.500% 01/15/20290.3%
LGI Homes Inc8.750% 12/15/20280.3%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC3.500% 03/15/20290.3%
CHS/Community Health Systems Inc5.250% 05/15/20300.3%
X Corp10.969% 10/29/20290.3%
Crescent Energy Finance LLC7.625% 04/01/20320.3%
Hunt Cos Inc5.250% 04/15/20290.3%
Coinbase Global Inc3.375% 10/01/20280.3%
IHO Verwaltungs GmbH8.000% 11/15/20320.3%
NRG Energy Inc10.250% 09/15/21730.3%
Altice France SA8.125% 02/01/20270.3%
Aston Martin Capital Holdings Ltd10.000% 03/31/20290.3%
Lumen Technologies Inc6.783% 04/16/20290.3%
Saturn Oil & Gas Inc9.625% 06/15/20290.3%
Rand Parent LLC8.500% 02/15/20300.3%
Brandywine Operating Partnership LP8.875% 04/12/20290.3%
Hilcorp Energy I LP / Hilcorp Finance Co6.000% 02/01/20310.3%
Carnival Corp5.750% 03/15/20300.3%
CNX Midstream Partners LP4.750% 04/15/20300.3%
Gray Media Inc10.500% 07/15/20290.3%
Empire Resorts Inc7.750% 11/01/20260.2%
Red Oak Power LLC8.049% 10/01/20300.2%
Venture Global LNG Inc8.125% 06/01/20280.2%
Venture Global LNG Inc8.375% 06/01/20310.2%
Carvana Co9.000% 06/01/20300.2%
Aris Mining Corp8.000% 10/31/20290.2%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC8.125% 02/15/20320.2%
Miller Homes Group Finco PLC7.000% 05/15/20290.2%
Comstock Resources Inc5.875% 01/15/20300.2%
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp7.125% 02/15/20310.2%
Herens Midco Sarl5.250% 05/15/20290.2%
Rain Carbon Inc12.250% 09/01/20290.2%
Fortress Transportation and Infrastructure Investors LLC7.875% 12/01/20300.2%
Outfront Media Capital LLC / Outfront Media Capital Corp7.375% 02/15/20310.2%
DISH Network Corp11.750% 11/15/20270.2%
Studio City Finance Ltd5.000% 01/15/20290.2%
Sunrise FinCo I BV4.875% 07/15/20310.2%
Vornado Realty LP3.400% 06/01/20310.2%
JetBlue Airways Corp / JetBlue Loyalty LP9.875% 09/20/20310.2%
Goodyear Tire & Rubber Co/The5.250% 07/15/20310.2%
Talen Energy Supply LLC8.625% 06/01/20300.2%
Molina Healthcare Inc3.875% 11/15/20300.2%
Aethon United BR LP / Aethon United Finance Corp7.500% 10/01/20290.2%
TGNR Intermediate Holdings LLC5.500% 10/15/20290.2%
Intesa Sanpaolo SpA4.198% 06/01/20320.2%
Fibercop SpA6.375% 11/15/20330.2%
Curaleaf Holdings Inc8.000% 12/15/20260.2%
Seaspan Corp5.500% 08/01/20290.2%
Builders FirstSource Inc6.375% 06/15/20320.2%
Efesto Bidco S.p.A Efesto US LLC7.500% 02/15/20320.2%
California Resources Corp8.250% 06/15/20290.2%
Newmark Group Inc7.500% 01/12/20290.2%
DPL Inc4.350% 04/15/20290.2%
CITGO Petroleum Corp8.375% 01/15/20290.2%
Algonquin Power & Utilities Corp4.750% 01/18/20820.2%
Ivanhoe Mines Ltd7.875% 01/23/20300.2%
Ardonagh Group Finance Ltd8.875% 02/15/20320.2%
Samarco Mineracao SA9.500% 06/30/20310.2%
IAMGOLD Corp5.750% 10/15/20280.2%
GrubHub Holdings Inc5.500% 07/01/20270.2%
Cerdia Finanz GmbH9.375% 10/03/20310.2%
Amsted Industries Inc6.375% 03/15/20330.2%
Encino Acquisition Partners Holdings LLC8.500% 05/01/20280.2%
GrafTech Global Enterprises Inc9.875% 12/23/20290.2%
Cushman & Wakefield US Borrower LLC8.875% 09/01/20310.2%
Starwood Property Trust Inc6.500% 10/15/20300.2%
StoneX Group Inc7.875% 03/01/20310.2%
Gray Media Inc5.375% 11/15/20310.2%
Lightning Power LLC7.250% 08/15/20320.2%
Smyrna Ready Mix Concrete LLC8.875% 11/15/20310.2%
MIWD Holdco II LLC / MIWD Finance Corp5.500% 02/01/20300.2%
First Quantum Minerals Ltd8.625% 06/01/20310.2%
Freedom Mortgage Corp12.000% 10/01/20280.2%
Global Partners LP / GLP Finance Corp8.250% 01/15/20320.2%
ASK Chemicals Deutschland Holding GmbH10.000% 11/15/20290.2%
Century Communities Inc3.875% 08/15/20290.2%
Quikrete Holdings Inc6.750% 03/01/20330.2%
Cloud Software Group Inc9.000% 09/30/20290.2%
1011778 BC ULC / New Red Finance Inc6.125% 06/15/20290.2%
FMG Resources August 2006 Pty Ltd6.125% 04/15/20320.2%
Celanese US Holdings LLC6.750% 04/15/20330.2%
Freedom Mortgage Holdings LLC9.125% 05/15/20310.2%
GEO Group Inc/The10.250% 04/15/20310.2%
Navient Corp9.375% 07/25/20300.2%
Bread Financial Holdings Inc9.750% 03/15/20290.2%
Beacon Roofing Supply Inc6.750% 04/30/20320.2%
Fortress Transportation and Infrastructure Investors LLC7.000% 05/01/20310.2%
Cloud Software Group Inc8.250% 06/30/20320.2%
PennyMac Financial Services Inc7.875% 12/15/20290.2%
Champions Financing Inc9.053% 02/23/20290.2%
Limak Iskenderun Uluslararasi Liman Isletmeciligi AS9.500% 07/10/20360.2%
ACBL HLDG CORP0.000% 09/09/99990.2%
Howden UK Refinance PLC / Howden UK Refinance 2 PLC / Howden US Refinance LLC7.250% 02/15/20310.2%
Texas Capital Bank NA5.250% 01/31/20260.2%
EZCORP Inc7.375% 04/01/20320.2%
Fair Isaac Corp4.000% 06/15/20280.2%
Nissan Motor Acceptance Co LLC2.750% 03/09/20280.2%
Mersin Uluslararasi Liman Isletmeciligi AS8.250% 11/15/20280.2%
Carriage Purchaser Inc7.875% 10/15/20290.2%
Belo Corp7.250% 09/15/20270.2%
Market Bidco Finco PLC5.500% 11/04/20270.2%
Genting New York LLC / GENNY Capital Inc7.250% 10/01/20290.2%
Brightline East LLC11.000% 01/31/20300.2%
M/I Homes Inc4.950% 02/01/20280.2%
888 Acquisitions Ltd10.750% 05/15/20300.2%
Harvest Midstream I LP7.500% 05/15/20320.2%
JW Aluminum Continuous Cast Co10.250% 04/01/20300.2%
Sinclair Television Group Inc8.529% 12/31/20300.2%
CSC Holdings LLC6.500% 02/01/20290.2%
Landsea Homes Corp8.875% 04/01/20290.2%
STL Holding Co LLC8.750% 02/15/20290.2%
Magnolia Oil & Gas Operating LLC / Magnolia Oil & Gas Finance Corp6.875% 12/01/20320.2%
Borr IHC Ltd / Borr Finance LLC10.000% 11/15/20280.2%
Texas Capital Bancshares Inc4.000% 05/06/20310.2%
Smyrna Ready Mix Concrete LLC6.000% 11/01/20280.2%
Ball Corp3.125% 09/15/20310.2%
ASP Unifrax Holdings Inc11.175% 09/30/20290.2%
Acadia Healthcare Co Inc7.375% 03/15/20330.2%
Rekeep SpA9.000% 09/15/20290.2%
Genesis Energy LP / Genesis Energy Finance Corp8.875% 04/15/20300.2%
Western Alliance Bancorp3.000% 06/15/20310.2%
Bausch Health Cos Inc4.875% 06/01/20280.2%
Leeward Renewable Energy Operations LLC4.250% 07/01/20290.2%
VistaJet Malta Finance PLC / Vista Management Holding Inc6.375% 02/01/20300.2%
Aris Water Holdings LLC7.250% 04/01/20300.2%
Shea Homes LP / Shea Homes Funding Corp4.750% 02/15/20280.2%
Turning Point Brands Inc7.625% 03/15/20320.2%
ROBLOX Corp3.875% 05/01/20300.2%
Crescent Energy Finance LLC7.375% 01/15/20330.2%
Canpack SA / Canpack US LLC3.875% 11/15/20290.2%
Piedmont Operating Partnership LP6.875% 07/15/20290.2%
Heathrow Finance PLC6.625% 03/01/20310.2%
GGAM Finance Ltd8.000% 02/15/20270.2%
Dermatology Intermediate Holdings III Inc9.756% 04/02/20290.2%
Waga Bondco Ltd8.500% 06/15/20300.2%
PRA Group Inc8.875% 01/31/20300.2%
EnerSys6.625% 01/15/20320.2%
CP Atlas Buyer Inc7.000% 12/01/20280.2%
Waste Pro USA Inc7.000% 02/01/20330.2%
Rakuten Group Inc9.750% 04/15/20290.2%
Kedrion SpA6.500% 09/01/20290.2%
Freedom Mortgage Holdings LLC9.250% 02/01/20290.2%
Iron Mountain Inc5.250% 07/15/20300.2%
Parkland Corp6.625% 08/15/20320.2%
Boparan Finance PLC9.375% 11/07/20290.2%
Antero Midstream Partners LP / Antero Midstream Finance Corp5.375% 06/15/20290.2%
Comstock Resources Inc6.750% 03/01/20290.2%
PetSmart Inc / PetSmart Finance Corp4.750% 02/15/20280.2%
NRG Energy Inc6.000% 02/01/20330.2%
PennyMac Financial Services Inc5.750% 09/15/20310.2%
BellRing Brands Inc7.000% 03/15/20300.2%
Sotheby's7.375% 10/15/20270.2%
BCP V Modular Services Finance PLC6.750% 11/30/20290.2%
Sealed Air Corp6.500% 07/15/20320.2%
Star Leasing Co LLC7.625% 02/15/20300.2%
Delek Logistics Partners LP / Delek Logistics Finance Corp7.125% 06/01/20280.2%
Allied Universal Holdco LLC / Allied Universal Finance Corp6.000% 06/01/20290.2%
Gulfport Energy Operating Corp6.750% 09/01/20290.2%
BARCLAYS CAPITAL4.360% 05/01/20250.2%
Acadia Healthcare Co Inc5.000% 04/15/20290.2%
MEG Energy Corp5.875% 02/01/20290.2%
Mercer International Inc5.125% 02/01/20290.2%
Kimmeridge Texas Gas LLC8.500% 02/15/20300.2%
City Football Group Ltd7.434% 07/22/20300.2%
P&L Development LLC / PLD Finance Corp12.000% 05/15/20290.2%
Buckeye Partners LP4.125% 12/01/20270.2%
Sinclair Television Group Inc7.743% 12/31/20290.2%
Moog Inc4.250% 12/15/20270.2%
Goat Holdco LLC6.750% 02/01/20320.2%
Resorts World Las Vegas LLC / RWLV Capital Inc4.625% 04/06/20310.2%
Spin Holdco Inc8.317% 03/06/20280.2%
Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC4.750% 04/15/20280.2%
Civitas Resources Inc8.750% 07/01/20310.2%
Societe Generale SA9.375% 05/22/21730.2%
Gatwick Airport Finance PLC4.375% 04/07/20260.2%
Tenet Healthcare Corp6.750% 05/15/20310.2%
Novelis Corp6.875% 01/30/20300.2%
ASP Unifrax Holdings Inc7.100% 09/30/20290.2%
TreeHouse Foods Inc4.000% 09/01/20280.2%
Arsenal AIC Parent LLC8.000% 10/01/20300.2%
Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc3.875% 03/01/20310.2%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC4.875% 02/15/20300.2%
AmeriTex HoldCo Intermediate LLC10.250% 10/15/20280.2%
Williams Scotsman Inc6.625% 04/15/20300.2%
Popular Inc7.250% 03/13/20280.2%
Pediatrix Medical Group Inc5.375% 02/15/20300.2%
Axon Enterprise Inc6.250% 03/15/20330.2%
TriNet Group Inc7.125% 08/15/20310.2%
Ahlstrom Holding 3 Oy4.875% 02/04/20280.2%
Performance Food Group Inc4.250% 08/01/20290.2%
Yum! Brands Inc4.625% 01/31/20320.2%
Zegona Finance PLC8.625% 07/15/20290.2%
Park-Ohio Industries Inc6.625% 04/15/20270.2%
ATI Inc7.250% 08/15/20300.2%
Oceaneering International Inc6.000% 02/01/20280.2%
MC Brazil Downstream Trading SARL7.250% 06/30/20310.2%
Post Holdings Inc6.250% 02/15/20320.2%
Yum! Brands Inc5.375% 04/01/20320.2%
Minerals Technologies Inc5.000% 07/01/20280.2%
Caesars Entertainment Inc6.500% 02/15/20320.2%
Blue Racer Midstream LLC / Blue Racer Finance Corp7.000% 07/15/20290.1%
LSB Industries Inc6.250% 10/15/20280.1%
GPS Hospitality Holding Co LLC / GPS Finco Inc7.000% 08/15/20280.1%
Credit Acceptance Corp6.625% 03/15/20300.1%
VF Ukraine PAT via VFU Funding PLC9.625% 02/11/20270.1%
Kraken Oil & Gas Partners LLC7.625% 08/15/20290.1%
Tank Holding Corp10.422% 03/31/20280.1%
Maxim Crane Works Holdings Capital LLC11.500% 09/01/20280.1%
CNX Resources Corp6.000% 01/15/20290.1%
Opal Bidco SAS6.500% 03/31/20320.1%
OneMain Finance Corp7.125% 11/15/20310.1%
Hertz Corp/The12.625% 07/15/20290.1%
American Airlines Inc/AAdvantage Loyalty IP Ltd5.750% 04/20/20290.1%
CQP Holdco LP / BIP-V Chinook Holdco LLC5.500% 06/15/20310.1%
Zebra Technologies Corp6.500% 06/01/20320.1%
ContourGlobal Power Holdings SA6.750% 02/28/20300.1%
INEOS Quattro Finance 2 Plc6.750% 04/15/20300.1%
Trulieve Cannabis Corp8.000% 10/06/20260.1%
Provident Funding Associates LP / PFG Finance Corp9.750% 09/15/20290.1%
JB Poindexter & Co Inc8.750% 12/15/20310.1%
Perrigo Finance Unlimited Co6.125% 09/30/20320.1%
Olympus Water US Holding Corp7.250% 06/15/20310.1%
CD&R Firefly Bidco PLC8.625% 04/30/20290.1%
Flagstar Financial Inc7.343% 11/06/20280.1%
United Airlines Inc4.625% 04/15/20290.1%
Wildfire Intermediate Holdings LLC7.500% 10/15/20290.1%
Mauser Packaging Solutions Holding Co9.250% 04/15/20270.1%
Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp4.875% 05/01/20290.1%
Jane Street Group / JSG Finance Inc4.500% 11/15/20290.1%
Alumina Pty Ltd6.125% 03/15/20300.1%
Genesis Energy LP / Genesis Energy Finance Corp8.250% 01/15/20290.1%
Global Medical Response Inc6.500% 10/01/20250.1%
TEGNA Inc5.000% 09/15/20290.1%
Walgreens Boots Alliance Inc8.125% 08/15/20290.1%
CVR Partners LP / CVR Nitrogen Finance Corp6.125% 06/15/20280.1%
Algoma Steel Inc9.125% 04/15/20290.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer7.000% 02/01/20300.1%
Dream Finders Homes Inc8.250% 08/15/20280.1%
Bellis Finco PLC4.000% 02/16/20270.1%
Buckeye Partners LP6.875% 07/01/20290.1%
Hudbay Minerals Inc6.125% 04/01/20290.1%
RingCentral Inc8.500% 08/15/20300.1%
Rockies Express Pipeline LLC6.750% 03/15/20330.1%
Helix Energy Solutions Group Inc9.750% 03/01/20290.1%
Vermilion Energy Inc7.250% 02/15/20330.1%
Borr IHC Ltd / Borr Finance LLC10.375% 11/15/20300.1%
Global Auto Holdings Ltd/AAG FH UK Ltd11.500% 08/15/20290.1%
Jane Street Group / JSG Finance Inc6.750% 05/01/20330.1%
Mueller Water Products Inc4.000% 06/15/20290.1%
Entegris Inc3.625% 05/01/20290.1%
Murphy Oil USA Inc3.750% 02/15/20310.1%
Cinemark USA Inc5.250% 07/15/20280.1%
Viking Cruises Ltd9.125% 07/15/20310.1%
Vertiv Group Corp4.125% 11/15/20280.1%
CPI CG Inc10.000% 07/15/20290.1%
FMG Resources August 2006 Pty Ltd5.875% 04/15/20300.1%
CCO Holdings LLC / CCO Holdings Capital Corp6.375% 09/01/20290.1%
US 2YR NOTE (CBT) Jun250.000% 06/30/20250.1%
Sinclair Television Group Inc8.125% 02/15/20330.1%
Civitas Resources Inc8.625% 11/01/20300.1%
AltaGas Ltd7.200% 10/15/20540.1%
FirstCash Inc5.625% 01/01/20300.1%
BW Real Estate Inc9.500% 06/30/21730.1%
Park River Holdings Inc6.750% 08/01/20290.1%
McGraw-Hill Education Inc5.750% 08/01/20280.1%
Benteler International AG10.500% 05/15/20280.1%
Jones Deslauriers Insurance Management Inc10.500% 12/15/20300.1%
Clydesdale Acquisition Holdings Inc6.750% 04/15/20320.1%
Tidewater Inc10.375% 07/03/20280.1%
US Acute Care Solutions LLC9.750% 05/15/20290.1%
Owens & Minor Inc10.000% 04/15/20300.1%
VOC Escrow Ltd5.000% 02/15/20280.1%
Penn Entertainment Inc4.125% 07/01/20290.1%
Aretec Group Inc10.000% 08/15/20300.1%
Boyne USA Inc4.750% 05/15/20290.1%
EquipmentShare.com Inc8.625% 05/15/20320.1%
Perrigo Finance Unlimited Co4.900% 06/15/20300.1%
Kodiak Gas Services LLC7.250% 02/15/20290.1%
GGAM Finance Ltd8.000% 06/15/20280.1%
Iron Mountain Inc6.250% 01/15/20330.1%
PennyMac Financial Services Inc7.125% 11/15/20300.1%
Independent Bank Corp7.250% 04/01/20350.1%
Grupo Antolin-Irausa SA10.375% 01/30/20300.1%
Full House Resorts Inc8.250% 02/15/20280.1%
PRA Group Inc5.000% 10/01/20290.1%
Post Holdings Inc4.625% 04/15/20300.1%
Matador Resources Co6.500% 04/15/20320.1%
NCR Atleos Corp9.500% 04/01/20290.1%
Vistra Operations Co LLC4.375% 05/01/20290.1%
Encino Acquisition Partners Holdings LLC8.750% 05/01/20310.1%
Alliance Resource Operating Partners LP / Alliance Resource Finance Corp8.625% 06/15/20290.1%
Group 1 Automotive Inc6.375% 01/15/20300.1%
EMRLD Borrower LP / Emerald Co-Issuer Inc6.750% 07/15/20310.1%
Iliad Holding SASU8.500% 04/15/20310.1%
FMG Resources August 2006 Pty Ltd4.375% 04/01/20310.1%
Coronado Finance Pty Ltd9.250% 10/01/20290.1%
Churchill Downs Inc5.750% 04/01/20300.1%
180 Medical Inc3.875% 10/15/20290.1%
Vermilion Energy Inc6.875% 05/01/20300.1%
Lamb Weston Holdings Inc4.125% 01/31/20300.1%
Axalta Coating Systems Dutch Holding B BV7.250% 02/15/20310.1%
Panther Escrow Issuer LLC7.125% 06/01/20310.1%
Mahle GmbH6.500% 05/02/20310.1%
Fortress Transportation and Infrastructure Investors LLC5.500% 05/01/20280.1%
Lumen Technologies Inc5.375% 06/15/20290.1%
Commercial Metals Co4.125% 01/15/20300.1%
Edge Finco PLC8.125% 08/15/20310.1%
Wyndham Hotels & Resorts Inc4.375% 08/15/20280.1%
Bellis Acquisition Co PLC8.125% 05/14/20300.1%
Resideo Funding Inc4.000% 09/01/20290.1%
Talos Production Inc9.000% 02/01/20290.1%
ATS Corp4.125% 12/15/20280.1%
Celanese US Holdings LLC6.500% 04/15/20300.1%
Nova Alexandre III SAS7.529% 07/15/20290.1%
SIG PLC9.750% 10/31/20290.1%
Alcoa Nederland Holding BV7.125% 03/15/20310.1%
HLF Financing Sarl LLC / Herbalife International Inc12.250% 04/15/20290.1%
Virgin Media Bristol LLC7.689% 01/31/20290.1%
Cinemark USA Inc7.000% 08/01/20320.1%
Baytex Energy Corp8.500% 04/30/20300.1%
United States Steel Corp6.650% 06/01/20370.1%
Foundation Building Materials Inc6.000% 03/01/20290.1%
Stonegate Pub Co Financing 2019 PLC10.750% 07/31/20290.1%
US Foods Inc4.625% 06/01/20300.1%
Cougar JV Subsidiary LLC8.000% 05/15/20320.1%
HUB International Ltd7.375% 01/31/20320.1%
Brink's Co/The6.750% 06/15/20320.1%
Life Time Inc6.000% 11/15/20310.1%
Hilcorp Energy I LP / Hilcorp Finance Co6.250% 11/01/20280.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.750% 04/15/20280.1%
Rfna LP7.875% 02/15/20300.1%
Albion Financing 2 Sarl8.750% 04/15/20270.1%
Dycom Industries Inc4.500% 04/15/20290.1%
Capstone Borrower Inc8.000% 06/15/20300.1%
Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer4.875% 05/15/20290.1%
South Bow Canadian Infrastructure Holdings Ltd7.625% 03/01/20550.1%
Eutelsat SA2.250% 07/13/20270.1%
EnerSys4.375% 12/15/20270.1%
Churchill Downs Inc4.750% 01/15/20280.1%
Allied Universal Holdco LLC7.875% 02/15/20310.1%
Suburban Propane Partners LP/Suburban Energy Finance Corp5.000% 06/01/20310.1%
Seagate HDD Cayman8.250% 12/15/20290.1%
Fiesta Purchaser Inc7.875% 03/01/20310.1%
Gap Inc/The3.875% 10/01/20310.1%
RR Donnelley & Sons Co9.500% 08/01/20290.1%
Clydesdale Acquisition Holdings Inc6.875% 01/15/20300.1%
ASG Finance Designated Activity Co9.750% 05/15/20290.1%
LifePoint Health Inc5.375% 01/15/20290.1%
Trident TPI Holdings Inc12.750% 12/31/20280.1%
LBM Acquisition LLC6.250% 01/15/20290.1%
Jazz Securities DAC4.375% 01/15/20290.1%
Husky Injection Molding Systems Ltd / Titan Co-Borrower LLC9.000% 02/15/20290.1%
Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed4.625% 03/01/20290.1%
SNF Group SACA3.375% 03/15/20300.1%
Raven Acquisition Holdings LLC6.875% 11/15/20310.1%
Pitney Bowes Inc7.250% 03/15/20290.1%
CHS/Community Health Systems Inc4.750% 02/15/20310.1%
Victra Holdings LLC / Victra Finance Corp8.750% 09/15/20290.1%
Sunoco LP6.250% 07/01/20330.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer5.875% 11/01/20290.1%
AG Issuer LLC6.250% 03/01/20280.1%
Asbury Automotive Group Inc5.000% 02/15/20320.1%
Cheplapharm Arzneimittel GmbH5.500% 01/15/20280.1%
NCL Corp Ltd8.125% 01/15/20290.1%
Clydesdale Acquisition Holdings Inc8.750% 04/15/20300.1%
Bombardier Inc7.250% 07/01/20310.1%
Boise Cascade Co4.875% 07/01/20300.1%
Blackstone Mortgage Trust Inc7.750% 12/01/20290.1%
Caesars Entertainment Inc7.000% 02/15/20300.1%
Jones Deslauriers Insurance Management Inc8.500% 03/15/20300.1%
West China Cement Ltd4.950% 07/08/20260.1%
ON Semiconductor Corp3.875% 09/01/20280.1%
Novelis Corp3.875% 08/15/20310.1%
DaVita Inc6.875% 09/01/20320.1%
Bombardier Inc7.000% 06/01/20320.1%
Owens-Brockway Glass Container Inc7.375% 06/01/20320.1%
Sitio Royalties Operating Partnership LP / Sitio Finance Corp7.875% 11/01/20280.1%
Elastic NV4.125% 07/15/20290.1%
SK Invictus Intermediate II Sarl5.000% 10/30/20290.1%
Molina Healthcare Inc3.875% 05/15/20320.1%
XPO Inc7.125% 02/01/20320.1%
Post Holdings Inc4.500% 09/15/20310.1%
Adtalem Global Education Inc5.500% 03/01/20280.1%
Insulet Corp6.500% 04/01/20330.1%
Allison Transmission Inc3.750% 01/30/20310.1%
PG&E Corp7.375% 03/15/20550.1%
Vallourec SACA7.500% 04/15/20320.1%
Great Lakes Dredge & Dock Corp5.250% 06/01/20290.1%
Hilton Grand Vacations Borrower LLC / Hilton Grand Vacations Borrower Inc6.625% 01/15/20320.1%
Builders FirstSource Inc4.250% 02/01/20320.1%
Celanese US Holdings LLC6.580% 07/15/20290.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer6.500% 10/01/20310.1%
Patrick Industries Inc6.375% 11/01/20320.1%
Victoria's Secret & Co4.625% 07/15/20290.1%
Carpenter Technology Corp7.625% 03/15/20300.1%
Brandywine Operating Partnership LP4.550% 10/01/20290.1%
Ingevity Corp3.875% 11/01/20280.1%
Ocado Group PLC10.500% 08/08/20290.1%
Scripps Escrow II Inc5.375% 01/15/20310.1%
Cablevision Lightpath LLC5.625% 09/15/20280.1%
PetSmart Inc / PetSmart Finance Corp7.750% 02/15/20290.1%
CommScope LLC8.250% 03/01/20270.1%
Mobico Group PLC4.250% 02/26/21740.1%
Vistra Corp7.000% 06/15/21730.1%
GYP Holdings III Corp4.625% 05/01/20290.1%
GGAM Finance Ltd6.875% 04/15/20290.1%
New Enterprise Stone & Lime Co Inc5.250% 07/15/20280.1%
Bloomin' Brands Inc / OSI Restaurant Partners LLC5.125% 04/15/20290.1%
JELD-WEN Inc4.875% 12/15/20270.1%
AdaptHealth LLC5.125% 03/01/20300.1%
X Corp9.500% 10/29/20290.1%
Parkland Corp4.625% 05/01/20300.1%
ELO SACA6.000% 03/22/20290.1%
Energy Transfer LP8.000% 05/15/20540.1%
Northriver Midstream Finance LP6.750% 07/15/20320.1%
NCL Corp Ltd6.750% 02/01/20320.1%
Ford Motor Credit Co LLC7.350% 03/06/20300.1%
Sabre GLBL Inc8.625% 06/01/20270.1%
Iceland Bondco PLC10.875% 12/15/20270.1%
Chobani LLC / Chobani Finance Corp Inc4.625% 11/15/20280.1%
Lsf12 Crown US Commercial Bidco LLC8.574% 12/02/20310.1%
Capstone Copper Corp6.750% 03/31/20330.1%
BWX Technologies Inc4.125% 04/15/20290.1%
Starwood Property Trust Inc6.000% 04/15/20300.1%
Alumina Pty Ltd6.375% 09/15/20320.1%
GFL Environmental Inc6.750% 01/15/20310.1%
Block Inc6.500% 05/15/20320.1%
Lions Gate Capital Holdings 1 Inc5.500% 04/15/20290.1%
Directv Financing LLC8.875% 02/01/20300.1%
SierraCol Energy Andina LLC6.000% 06/15/20280.1%
SCIH Salt Holdings Inc4.875% 05/01/20280.1%
CHS/Community Health Systems Inc6.875% 04/15/20290.1%
CoreCivic Inc8.250% 04/15/20290.1%
VFH Parent LLC / Valor Co-Issuer Inc7.500% 06/15/20310.1%
Kennedy-Wilson Inc4.750% 02/01/20300.1%
Cleveland-Cliffs Inc7.500% 09/15/20310.1%
Service Corp International/US4.000% 05/15/20310.1%
American Builders & Contractors Supply Co Inc3.875% 11/15/20290.1%
LCM Investments Holdings II LLC4.875% 05/01/20290.1%
Bombardier Inc8.750% 11/15/20300.1%
Aston Martin Capital Holdings Ltd10.375% 03/31/20290.1%
Archrock Partners LP / Archrock Partners Finance Corp6.625% 09/01/20320.1%
Coinbase Global Inc3.625% 10/01/20310.1%
Iceland Bondco PLC10.875% 12/15/20270.1%
LifePoint Health Inc11.000% 10/15/20300.1%
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer7.375% 10/01/20320.1%
Melco Resorts Finance Ltd7.625% 04/17/20320.1%
Terex Corp5.000% 05/15/20290.1%
Resideo Funding Inc6.500% 07/15/20320.1%
ZF North America Capital Inc6.875% 04/14/20280.1%
Global Marine Inc7.000% 06/01/20280.1%
Embecta Corp5.000% 02/15/20300.1%
LCM Investments Holdings II LLC8.250% 08/01/20310.1%
Proofpoint Inc7.320% 08/31/20280.1%
Royal Caribbean Cruises Ltd6.250% 03/15/20320.1%
Moss Creek Resources Holdings Inc8.250% 09/01/20310.1%
Owens-Brockway Glass Container Inc7.250% 05/15/20310.1%
Wabash National Corp4.500% 10/15/20280.1%
Bausch Health Cos Inc11.000% 09/30/20280.1%
Genesee & Wyoming Inc6.250% 04/15/20320.1%
Sunoco LP / Sunoco Finance Corp7.000% 09/15/20280.1%
Foot Locker Inc4.000% 10/01/20290.1%
Kennedy-Wilson Inc5.000% 03/01/20310.1%
Coherent Corp5.000% 12/15/20290.1%
Crown Americas LLC5.250% 04/01/20300.1%
Enstall Group BV9.313% 08/30/20280.1%
Walgreens Boots Alliance Inc4.100% 04/15/20500.1%
Arcosa Inc4.375% 04/15/20290.1%
Amentum Holdings Inc7.250% 08/01/20320.1%
Quikrete Holdings Inc6.375% 03/01/20320.1%
Jacobs Entertainment Inc6.750% 02/15/20290.1%
United Group BV6.750% 02/15/20310.1%
Medline Borrower LP5.250% 10/01/20290.1%
Navient Corp4.875% 03/15/20280.1%
Global Auto Holdings Ltd/AAG FH UK Ltd8.375% 01/15/20290.1%
Ascent Resources Utica Holdings LLC / ARU Finance Corp5.875% 06/30/20290.1%
Brand Industrial Services Inc10.375% 08/01/20300.1%
PCF GmbH4.750% 04/15/20290.1%
Jefferson Capital Holdings LLC8.250% 05/15/20300.1%
CD&R Firefly Bidco PLC8.625% 04/30/20290.1%
Bath & Body Works Inc6.875% 11/01/20350.1%
SM Energy Co6.750% 08/01/20290.1%
Weekley Homes LLC / Weekley Finance Corp4.875% 09/15/20280.1%
ZF North America Capital Inc6.750% 04/23/20300.1%
Alta Equipment Group Inc9.000% 06/01/20290.1%
SM Energy Co7.000% 08/01/20320.1%
Ingles Markets Inc4.000% 06/15/20310.1%
NESCO Holdings II Inc5.500% 04/15/20290.1%
DTI Holdco Inc8.329% 04/26/20290.1%
UBS Group AG7.750% 04/12/21740.1%
Itelyum Regeneration Spa5.750% 04/15/20300.1%
NRG Energy Inc5.250% 06/15/20290.1%
LABL Inc8.625% 10/01/20310.1%
Sealed Air Corp6.875% 07/15/20330.1%
ACProducts Holdings Inc6.375% 05/15/20290.1%
Anastasia Parent LLC8.047% 08/11/20250.1%
Vital Energy Inc7.875% 04/15/20320.1%
Bread Financial Holdings Inc8.375% 06/15/20350.1%
Watco Cos LLC / Watco Finance Corp7.125% 08/01/20320.1%
Methanex Corp5.250% 12/15/20290.1%
Venture Global LNG Inc9.000% 03/30/21740.1%
Lumen Technologies Inc4.125% 04/15/20290.1%
Lumen Technologies Inc4.125% 04/15/20300.1%
Vital Energy Inc7.750% 07/31/20290.1%
Specialty Building Products Holdings LLC / SBP Finance Corp7.750% 10/15/20290.1%
ILFC E-Capital Trust I6.117% 12/21/20650.1%
Arko Corp5.125% 11/15/20290.1%
Long Ridge Energy LLC8.750% 02/15/20320.1%
LABL Inc9.500% 11/01/20280.1%
Mercer International Inc12.875% 10/01/20280.1%
Real Hero Merger Sub 2 Inc6.250% 02/01/20290.1%
Transocean Aquila Ltd8.000% 09/30/20280.1%
Tenneco Inc8.000% 11/17/20280.1%
ILFC E-Capital Trust II6.367% 12/21/20650.1%
Altice France SA5.500% 01/15/20280.1%
Williams Scotsman Inc6.625% 06/15/20290.1%
Griffon Corp5.750% 03/01/20280.1%
Axon Enterprise Inc6.125% 03/15/20300.1%
Sabre GLBL Inc11.250% 12/15/20270.1%
Ascent Resources Utica Holdings LLC / ARU Finance Corp6.625% 10/15/20320.1%
Ocado Group PLC10.500% 08/08/20290.1%
USA Compression Partners LP / USA Compression Finance Corp7.125% 03/15/20290.1%
Clue Opco LLC9.500% 10/15/20310.1%
FX EUR/USD 05/250.000% 05/23/20250.1%
Level 3 Financing Inc4.250% 07/01/20280.1%
Dornoch Debt Merger Sub Inc6.625% 10/15/20290.1%
First Quantum Minerals Ltd8.000% 03/01/20330.1%
Itelyum Regeneration Spa5.750% 04/15/20300.1%
GIBSON BRANDS PRIVATE EQUITY0.000% 09/09/99990.1%
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC6.250% 03/15/20330.1%
Sunac China Holdings Ltd0.000% 09/30/20280.1%
VistaJet Malta Finance PLC / Vista Management Holding Inc7.875% 05/01/20270.1%
Conair Holdings LLC8.193% 05/17/20280.1%
Nissan Motor Acceptance Co LLC7.050% 09/15/20280.1%
CNX Resources Corp7.375% 01/15/20310.1%
Constellium SE3.750% 04/15/20290.1%
Madison IAQ LLC5.875% 06/30/20290.1%
UTEX INDUSTRIES0.000% 09/09/99990.1%
Chrome Holdco SAS5.000% 05/31/20290.1%
Stena International SA7.625% 02/15/20310.1%
New Frontera Holdings LLC16.283% 07/28/20260.1%
Arcosa Inc6.875% 08/15/20320.1%
Alpha Generation LLC6.750% 10/15/20320.1%
Brundage-Bone Concrete Pumping Holdings Inc7.500% 02/01/20320.1%
UC HOLDINGS INC.0.000% 09/09/99990.1%
Herens Holdco Sarl4.750% 05/15/20280.1%
Range Resources Corp4.750% 02/15/20300.1%
Azul Secured Finance LLP11.930% 08/28/20280.0%
UBS Group AG9.250% 05/13/21730.0%
Level 3 Financing Inc3.625% 01/15/20290.0%
Rekeep SpA9.000% 09/15/20290.0%
Constellium SE5.625% 06/15/20280.0%
Freedom Mortgage Corp12.250% 10/01/20300.0%
RECOVERY SOLUTIONS PARENT LLC0.118% 01/28/20300.0%
Shimao Group Holdings Ltd5.200% 01/16/20270.0%
ESC 144A HERTZ CORP0.000% 01/15/20280.0%
Kosmos Energy Ltd7.500% 03/01/20280.0%
New Frontera Holdings LLC5.783% 07/28/20280.0%
Foundation Building Materials Inc9.574% 01/29/20310.0%
Transocean Inc7.500% 04/15/20310.0%
WaterBridge Midstream Operating LLC9.053% 06/27/20290.0%
TTM Technologies Inc4.000% 03/01/20290.0%
US ULTRA BOND CBT Jun250.000% 06/18/20250.0%
ACBL HLDG CORP0.000% 09/09/99990.0%
FRONTERA GENERATION0.000% 09/09/99990.0%
Iris Holding Inc10.000% 12/15/20280.0%
APLEONA HOLDING GMBH6.586% 04/12/20320.0%
Wellpath Holdings Inc10.080% 10/01/20250.0%
Precision Drilling Corp6.875% 01/15/20290.0%
CHINOS INTERMEDIATE 2 LLC0.000% 09/09/99990.0%
US 10YR NOTE (CBT)Jun250.000% 06/18/20250.0%
US LONG BOND(CBT) Jun250.000% 06/18/20250.0%
Baytex Energy Corp7.375% 03/15/20320.0%
Sunac China Holdings Ltd6.750% 09/30/20280.0%
Sunac China Holdings Ltd7.000% 09/30/20290.0%
Sunac China Holdings Ltd0.000% 09/09/99990.0%
Sunac China Holdings Ltd6.500% 09/30/20270.0%
CHINOS INTERMEDIATE 2 LLC0.000% 09/09/99990.0%
Sunac China Holdings Ltd7.250% 09/30/20300.0%
FGI Operating Co LLC12.000% 12/31/20250.0%
Sunac China Holdings Ltd6.250% 09/30/20260.0%
Shimao Group Holdings Ltd3.450% 01/11/20310.0%
Sunac China Holdings Ltd6.000% 09/30/20250.0%
FX GBP/USD 06/250.000% 06/27/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX GBP/USD 06/250.000% 06/27/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
Tonon Luxembourg SA6.500% 10/31/20240.0%
Washington Mutual Bank / Debt not acquired by JPMorgan6.875% 06/15/20110.0%
CLAIRES HOLDINGS0.000% 09/09/99990.0%
MIRABELA NICKEL LTD.1.000% 09/16/20440.0%
PERSIMMON MIDCO LLC0.000% 09/09/99990.0%
EURO-BOBL FUTURE Jun250.000% 06/10/20250.0%
APLEONA HOLDING GMBH6.586% 04/12/20320.0%
LONG GILT FUTURE Jun250.000% 06/26/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX EUR/USD 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
Credit Index Swap5.000% 06/20/20300.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/GBP 06/250.000% 06/27/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
US 10yr Ultra Fut Jun250.000% 06/18/20250.0%
FX USD/EUR 05/250.000% 05/23/20250.0%
Credit Index Swap5.000% 12/20/20290.0%
US 5YR NOTE (CBT) Jun250.000% 06/30/20250.0%
FX USD/GBP 06/250.000% 06/27/2025-0.1%
FX USD/EUR 05/250.000% 05/23/2025-0.1%

Aggregate holdings are updated monthly, 30 days after month end. Aggregate holdings are presented to illustrate examples of the securities that the Fund has bought and the diversity of the areas in which the Fund may invest, and may not be representative of the Fund's current or future investments. The figures presented are as of the date shown and may change at any time.

Sector Allocationas of 05/30/2025

Sector Weighting Fund Change from Previous Quarter
Sector Weighting Fund Change from Previous Quarter
Basic Industry arrowUp0.3%
Utility 0.0%
Services arrowUp1.1%
Retail arrowUp1.0%
Financial Services arrowDown0.4%
Consumer Goods arrowUp0.5%
Insurance arrowDown0.1%
Technology & Electronics arrowDown0.1%
Leisure arrowDown0.3%
Media arrowUp0.8%
Telecommunications arrowUp0.2%
Transportation arrowDown1.2%
Healthcare arrowUp0.2%
Banking arrowDown0.1%
Capital Goods arrowUp2.3%
Mortgage Securities 0.0%
Automotive arrowUp0.2%
Consumer, Non-Cyclical 0.0%
Energy arrowDown4.8%
Real Estate arrowUp0.3%

Dividends & Cap Gains

Dividends & Cap Gains

Dividend Payments

Dividend Payments

For
YTD Dividends Paidas of 06/18/2025
$0.18606
Dividend Frequency
Monthly (Daily Accrual)
Record Date Ex-Dividend Date Reinvest & Payable Date Dividend Reinvest Price
Daily Daily 05/31/2025 $0.03734 $6.27
Daily Daily 04/30/2025 $0.03848 $6.19
Daily Daily 03/31/2025 $0.03871 $6.29
Daily Daily 02/28/2025 $0.03503 $6.42
Daily Daily 01/31/2025 $0.03651 $6.42

Upcoming Dividend Payment Dates

Record Date Ex-Dividend Date Reinvest & Payable Date
Daily Daily 06/30/2025
Daily Daily 07/31/2025
Daily Daily 08/31/2025
Daily Daily 09/30/2025
Daily Daily 10/31/2025
Daily Daily 11/30/2025
Daily Daily 12/31/2025

Capital Gains Distributions

For
Record Date Reinvest & Payable Date Long-term Short-term * Total Reinvest Price
12/16/2021 12/17/2021 - $0.0100 $0.0100 $7.45
*

Taxed as ordinary income

Lord Abbett does not provide tax advice. It is strongly recommended that you discuss the impact of dividends and distributions with your tax advisor. 

Fees & Expenses

Fees & Expenses

Sales Charge Schedule as of 06/18/2025

  Sales Charge Dealer's Concession Prices at Breakpoint
Less than $100,000 2.25% 2.00% $6.43
$100,000 to $249,999 1.75% 1.50% $6.40
$250,000 to $499,999 1.25% 1.00% $6.37
Greater than $500,000 0.00% 1.00% $6.29

The 12b-1 trail commission is 0.15% (accrues immediately) for all fixed-income and municipal income funds.

Class A shares purchased without a sales charge (commissionable NAV) will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the purchase falls.

For Sales Charge Reductions and Waivers View Full Disclosure

Expense Ratioas of 05/31/2025

Fund Gross Expense Ratio 0.93%
Fund Net Expense Ratio 0.93%

Fund Documents

Fund Documents

0Documents selected
Portfolio Holdings 1Q
Publish Date:11/03/2015
Portfolio Holdings 3Q
Publish Date:11/03/2015
Summary Prospectus
Publish Date:11/03/2015
Statutory Prospectus
Publish Date:11/03/2015
SAI
Publish Date:11/03/2015
Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Annual Tailored Shareholder Report
Publish Date:11/03/2015
Semi-Annual Financial Statements and Other Information *
Publish Date:11/03/2015
Semi-Annual Tailored Shareholder Report
Publish Date:11/03/2015
Fact Sheet
Publish Date:11/03/2015
Commentary
Publish Date:11/03/2015
* includes items 7-11 of form N-CSR as required, if any.

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Minimum initial investment varies depending on the class of shares you buy and the type of account. IRAs, SIMPLEs, and SEP accounts with payroll deductions have no minimums. Please see Fund prospectuses for additional information.      

                    

1

The 30-Day Standardized Yield represents net investment income earned by a fund over a 30-day period. It is expressed as an annual percentage rate using a method of calculation adopted by the Securities and Exchange Commission (SEC). Yields for other share classes will vary.

 

2

The 30-day Standardized Subsidized yields reflect fee waivers in effect. Without such fee waivers, yields would be reduced.  

 

Average Yield to Maturity is the total rate of return earned when a bond makes all interest payments and repays the original principal.

Distribution Yield is the calculation of cash flow for an investment vehicle, to calculate the distribution yield, the most recent distribution is multiplied by 12 to get an annualized total, which is then divided by the NAV.

3

The 30-day Standardized Unsubsidized yield does not reflect fee waivers.

A Note about Risk: The Fund is subject to the general risks associated with investing in debt securities, including market, credit, liquidity, and interest rate risk. The Fund invests primarily in high-yield, lower-rated securities, sometimes called junk bonds. These securities carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. The Fund may invest in foreign or emerging market securities, which may be adversely affected by economic, political, or regulatory factors and subject to currency volatility and greater liquidity risk. The Fund may invest in derivatives, which are subject to greater liquidity, leverage, and counterparty risk. These factors can affect Fund performance.

 

Performance data quoted is historical. Past performance is not indicative of future results. Current performance may be higher or lower than the performance quoted. The investment return and principal value of an investment in the Fund will fluctuate so that shares, on any given day or when redeemed, may be worth more or less than their original cost. To obtain performance data current to the most recent quarter-end, go to quarter ending performance on our Website or call Lord Abbett at (888) 522-2388.

 

 

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. “CUSIP” is a registered trademark of the American Bankers Association.

 

Class A  Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity funds, 2.25% for all tax-free income funds, fixed income funds and multi-asset class funds. There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

With Sales Charge - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.

 

Without Sales Charge - Returns shown are without sales charges and have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.

 

Returns shown at less than a year reflect aggregate total returns.

 

Double-Digit Returns - instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.   

 

The ICE BofA Merrill Lynch U.S. High Yield Constrained Index is a capitalization-weighted index of all US dollar denominated below investment grade corporate debt publicly issued in the US domestic market. Qualifying securities must have a below investment grade rating (based on an average of Moody’s, S&P and Fitch), at least 18 months to final maturity at the time of issuance, at least one year remaining term to final maturity as of the rebalancing date, a fixed coupon schedule and a minimum amount outstanding of $100 million. The index caps individual issuer at 2%. Index constituents are capitalization-weighted, based on their current amount outstanding, provided the total allocation to an individual issuer does not exceed 2%. Issuers that exceed the limit are reduced to 2% and the face value of each of their bonds is adjusted on a pro-rata basis. The face values of bonds of all other issuers that fall below the 2% cap are increased on a pro-rata basis. In the event there are fewer than 50 issuers in the Index, each is equally weighted and the face values of their respective bonds are increased or decreased on a pro-rata basis.

Source: ICE Data Indices, LLC. 

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE PERMITS USE OF THE ICE BofAML INDICES AND RELATED DATA ON AN "AS IS" BASIS, MAKES NO WARRANTIES REGARDING SAME, DOES NOT GUARANTEE THE SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE ICE BofAML INDICES OR ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM, ASSUMES NO LIABILITY IN CONNECTION WITH THE USE OF THE FOREGOING, AND DOES NOT SPONSOR, ENDORSE, OR RECOMMEND LORD ABBETT, OR ANY OF ITS PRODUCTS OR SERVICES.

Indexes reflect total return, unless otherwise specified, with all dividends reinvested. Indexes are unmanaged, do not reflect the deduction of fees or expenses, and are not available for direct investment.

 

The Overall Morningstar RatingTM is derived from a weighted average of the performance figures associated with a fund's three-, five-, and 10-year (as applicable) Morningstar RatingTM metrics. © Morningstar, Inc. All rights reserved. The information contained herein (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

 

Morningstar proprietary ratings reflect historical risk-adjusted performance. For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Morningstar risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Load-waived ratings do not include any front-end sales charges (which are only available for certain defined contribution plans and certain mutual fund advisory programs) and should only be considered by investors who are not subject to sales loads. Not all funds with a load-waived rating may waive their front-end load. An investor should check with their advisor to determine if they are eligible to purchase the load-waived Class A share. The top 10% of the funds in an investment category receive 5 stars, 22.5% receive 4 stars, 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages). The Overall Morningstar rating is a weighted average of funds' three-, five-, and 10-year (as applicable) ratings. Past performance is no guarantee of future results. Morningstar Rating is for the Class A share only; other classes may have different performance characteristics.

 

Lipper Category Average - Peer group averages are based on universes of funds with the same investment objectives. The average return for the peer group is based on the returns of each individual fund within the group for the period shown. This average assumes reinvestment of dividends.

 

Fund Expense Ratio Detail: Reflects expenses for the Fund's fiscal year-end and is subject to change. Fund expenses may fluctuate with market volatility. A substantial reduction in Fund assets (since its most recently completed fiscal year), whether caused by market conditions or significant redemptions or both, will likely cause total operating expenses (as a percentage of Fund assets) to become higher than those shown.

 

 

Lipper Category Average Expense Ratio reflects the average net expenses of Class A shares of all funds with in the peer group based on Lipper data available.

 

The Fund's portfolio is actively managed and portfolio characteristics, such as individual holdings and sector weightings may change significantly over time. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or recommendation to buy or sell securities or other investments.  

 

Dividends and Capital Gains: The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

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